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2016-07-22

Net Insight AB: Interim report January - June 2016

Second quarter shows strength

Statement from CEO Fredrik Tumegård:
"Net sales increased by 42 percent with an operating margin of 9 percent and
at the same time as we continued to invest in Live OTT and conducted a
commercial launch of Sye."

Second Quarter 2016

* Net sales amounted to SEK 132.3 (93.2) million, up by 42.0 percent year on
year. The increase was 39.7 percent in comparable currencies. Organic
growth was 21.3 percent.
* Operating earnings amounted to SEK 12.0 (4.9) million, corresponding to an
operating margin of 9.0 (5.3) percent.
* Total cash flow was SEK -10.5 (2.2) million.

January - June 2016

* Net sales were SEK 242.3 (180.9) million, up 33.9 percent. In comparable
currencies, the increase was 33.0 percent. Organic growth was 12.7 percent.
* Operating earnings were SEK 19.8 (11.1) million, corresponding to an
operating margin of 8.2 (6.1) percent.
* Total cash flow was SEK 1.3 (12.4) million.

Significant events

* Commercial launch of Sye solution for true live OTT at the beginning of
April.
* Launch of Nimbra Gateway, a new media transport solution that supports
migration to IP.
* Net Insight's product management and services operations were coordinated
into cohesive global functions in the quarter. This means that the
organizational integration of ScheduALL has now been completed.
* Net Insight's Board resolved to repurchase own shares.

For further information, please contact:

Fredrik Tumegård, CEO of Net Insight, +46 8 685 04 00,
fredrik.tumegard@netinsight.net

This information is information that Net Insight AB is obliged to make public
pursuant to the EU Market Abuse Regulation and the Securities Markets Act.
The information was submitted for publication, through the agency of the
contact person set out above, at 8.45 am CET on July 22, 2016.

About Net Insight

Net Insight's vision is to
enable a live and interactive media experience for anyone on earth. Net
Insight
delivers media transport solutions that
empower
broadcasters, content owners and network service providers to activate their
audiences by providing a
quality-of-experience worth paying for, live and local content that's part of
their world and interactive experiences they want to be part of.

The company's solutions enable live, interactive and on-demand media
transport, with operational simplicity, to let customers focus on delivering
the best possible experience to their audiences. Net Insight's strength lies
in enabling lossless video transport at any scale, from live contribution via
the Internet, to ultra-high-definition distribution in managed media networks
spanning the globe.

More than
500 world-class customers run mission critical media services using Net
Insight's solutions, covering more than 60 countries worldwide. Net Insight
is listed on Nasdaq Stockholm.

For more information,

please visit
netinsight.net

Net Insight Interim report January - June 2016
http://hugin.info/130084/R/2030062/755074.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Net Insight AB via Globenewswire

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